Morning ... today show few popular tech stocks that crashed ... it is very scary view, ya.
For those holding to these tech-stocks up there and in paper-loss ... it might take very very long to recover, if ever.
Annual ... this year revenue and earnings would be low-low ... so, the stock prices moved ahead and crashed. It was very over-valued back then around RM5 plus and I told everyone to wait for RM1 ... haha. Those hype--pandamic period ... it is over. So, many of these newly listed IPO tech crashing back to REALITY ... so, even at current level, it is still not cheap. How are they going to recover, right?
Mi is back to Mac2020 crash level, FYI.
Greatec : More retailers inside this one tho the PER still around 30-40 level ... shall wait till RM3.20 level. If hit that level this week or next, I will be glad to buy in too. So ... I m watching Greatec ... nothing great here.
be right back later ...to check Greatec.
and perhaps UWC too.
TEH
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